During Japan's economic slump in the early 1990s,monetary policy:

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During Japan's economic slump in the early 1990s, monetary policy was ineffective because of a liquidity trap caused by near-zero interest rates. The Bank of Japan lowered interest rates to almost zero, but this did not have the desired effect of stimulating economic growth. The Japanese economy remained stagnant for over a decade, and policymakers struggled to find effective solutions.

During Japan's Economic Slump in the Early 1990s,monetary Policy